Nuveen Municipal Credit Income Fund
NZF
Market cap $2.45B

12.65 USD

-0.03

0.24%

At close Nov 12, 4:00 PM EST

1 day

-0.24%

5 days

1.28%

1 month

-1.86%

3 months

-1.09%

6 months

5.42%

Year to date

6.21%

1 year

16.16%

5 years

-20.84%

10 years

-7.26%

About: Nuveen Municipal Credit Income Fund is a diversified, closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax and to enhance portfolio value relative to the municipal bond market by investing in an actively managed portfolio of tax-exempt municipal securities.

0

Funds holding %

of 6,759 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

32% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 25

3% more funds holding

Funds holding: 242 [Q1] → 250 (+8) [Q2]

3% more repeat investments, than reductions

Existing positions increased: 75 | Existing positions reduced: 73

2.92% less ownership

Funds ownership: 31.08% [Q1] → 28.16% (-2.92%) [Q2]

9% less capital invested

Capital invested by funds: $740M [Q1] → $675M (-$65.1M) [Q2]

20% less funds holding in top 10

Funds holding in top 10: 5 [Q1] → 4 (-1) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for NZF.

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Financial journalist opinion

Ideas For Managing CEF Discount Volatility

Volatility in the closed-end fund, or CEF, market has recently increased, while tight discounts create a point of vulnerability for the market. We discuss various strategies investors can use to make their CEF portfolios more resilient to take advantage of future draw-downs. These strategies include focusing on likely CEF distribution changes, seeking funds with wide discounts, considering term CEFs, and riding sidecar with CEF activists.

Ideas For Managing CEF Discount Volatility

CEF Weekly Review: Managers Kick It Up A Notch In Fight With Saba

We review the CEF market valuation and performance through the first week of August and highlight recent market action. CEF performance diverged this week as higher-quality / longer duration sectors like Munis outperformed. NYSE proposed rule change could eliminate annual CEF shareholder meetings, potentially impacting shareholder activism and competition in the CEF space.

CEF Weekly Review: Managers Kick It Up A Notch In Fight With Saba

Opportunities In Income Securities That Have Lagged The Rally

Income assets and financial markets have surged, with only local EM debt in the red year-to-date, due to dollar strength. Our countercyclical approach has led to the culling of high-flyers like BDC Gladstone Capital and the CEF Nuveen Preferred and Income Term Fund. We highlight opportunities in securities that have lagged the market across the CEF and BDC sectors.

Opportunities In Income Securities That Have Lagged The Rally

Forget NVIDIA: These ‘Boring' 7.7% Dividends Just Jumped 30%

Some of our favorite high-yield dividends just did something stunning: They sent their investors' payouts soaring—in some cases by more than 30% overnight.

Forget NVIDIA: These ‘Boring' 7.7% Dividends Just Jumped 30%

Municipal CEF Update: High Yields And Wide Discounts

Municipal CEFs have seen distribution hikes in response to activist attacks, aiming to tighten discounts and attract additional demand. Municipal bonds offer attractive valuations, high tax exemption value, and resilience during credit drawdowns, making them an appealing investment. We recently added to our muni CEF holdings on the back of these supporting tactical and strategic factors.

Municipal CEF Update: High Yields And Wide Discounts

Nuveen Closed-End Funds Declare Distributions

NEW YORK--(BUSINESS WIRE)--Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare for and sustain their retirement income needs. For further information regarding fund distributions, including earnings, undistributed net investment income, and notices, please visit www.nuveen.com/cef. Additionally, several funds have announced distribution increases of up to 71%. The distribution.

Nuveen Closed-End Funds Declare Distributions

Think Stocks Are Overpriced? This Savvy Bond Buy Is 12% Off

This market rally could roll right through the summer (so much for “Sell in May and go away!”), and we've got two sweet bond buys to play it.

Think Stocks Are Overpriced? This Savvy Bond Buy Is 12% Off

NZF: Nuveen Muni With Average Statistics Still Rates A Buy

Municipal Bond CEFs are trading at their largest discounts in 18 years. Factors contributing to the discounts include higher short-term rates, ownership of longer-term municipal bonds, and leverage. Nuveen Municipal Credit Income Fund is reviewed, with a focus on its holdings, distributions, and price/NAV performance.

NZF: Nuveen Muni With Average Statistics Still Rates A Buy

Nuveen Closed-End Funds Declare Distributions and Updates to Distribution Policies

NEW YORK--(BUSINESS WIRE)--Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trustees has approved updated distribution polices described below under “Monthly & Quarterly Distributions” for The Nuveen Preferred & Income Opportunities Fund (NYSE: JPC), Nuveen Preferred and Income Term Fund (NYSE: JPI), Nuveen Variable Rate Preferred & Income Fund (NYSE: NPFD), Nuveen.

Nuveen Closed-End Funds Declare Distributions and Updates to Distribution Policies

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